Us Self Storage Reits

Another corner of the reit space that s hit the mat hard is self storage.

Us self storage reits.

Storage and warehouse properties are in demand. The buffalo based company has about 700 self storage facilities with more than 45 million. Life storage is the highest yielding self storage reit on this list with a current yield of around 4 6. Storage and warehouse properties are in demand.

Real estate investment trusts reits companies that invest in a variety of properties from office buildings to apartments and self storage buildings built big gains in 2019. Washington real estate investment trust. Company name reit type. A reit purchasing a self storage facility in a particular community can do much more than just provide residents with a clean place to store temporarily unneeded items.

Only 26 percent of millennials are married and their exceptional level of student loan debt prevents them from getting a mortgage. The following is a list of notable publicly traded real estate investment trusts based in the united states. The self storage reits. Real estate investment trusts or reits can offer passive income opportunities without the everyday burdens that go along with being a landlord.

With an average yield of 3 percent reits are one of the top investments available. Public storage is a california based reit and member of the s p 500. All the major players public storage psa 0 5 psa extraspace storage exr and cubesmart cube 0 4 cube lag the. This is the largest self storage company and it acquires develops owns and operates self storage facilities.

The future of self storage. Self storage reit public storage psa 196 97 has been around for nearly 50 years. Real estate investment trusts or reits can offer passive income opportunities without the everyday burdens that go along with being a landlord.